Senior Analyst Asset Management

The Hartford•Hartford, CT

3d•$106,000 - $144,000•Hybrid

About The Position

HIMCO (The Hartford Investment Management Company) is seeking an experienced Real Estate Asset Manager to manage a variety of equity and debt assets as part of their $14 billion (plus) Private Real Estate Portfolio. The Senior Analyst, Real Estate Asset Management will be responsible for a group of real estate assets, acting as the primary strategic and relationship manager for these equity and debt investments. They will collaborate closely with multiple internal functional areas, working in a dynamic and fast-paced environment. This role will be based in our Hartford, CT Home Office, on a hybrid basis (Tuesday-Thursday).

Requirements

A minimum of 5 years of relevant real estate equity asset management or other similar real estate investment experience overall.
Experience with at least two or more of the following: Debt assets (loans) and/or experience with loan documents (either as lender or borrower)
General knowledge of fundamentals of various Real Estate asset sectors and associated demand drivers is required (including apartments, industrial, office, retail assets) and strong knowledge regarding a variety of major US geographic markets and trends is required, including experience with assets in urban, inner ring and suburban locations.
Practical use of various third-party research and online data sources to aid in decision-making is required.
Strong understanding of real estate financial statements for property-level reporting, borrower financials, and tenant credit review.
Able to thrive in a fast-paced and deadline-driven environment and balance multiple competing priorities; strong work ethic.
Strong interpersonal and teamwork skills required.
Strong written and verbal communication skills are required, able and willing to travel within the U.S. up to ~20% of the time.
Proficiency in ARGUS Enterprise, Excel, and MS Office Suite products required.
A Bachelor’s degree or equivalent work experience is required.

Nice To Haves

Construction loans and/or equity real estate development assets strongly preferred
RE assets representing all major property types (multifamily, industrial, office and retail) is desirable
Joint venture structures/documents and managing JV relationships, property management relationships, and management of third-party debt on equity assets is a plus
Common area & apartment unit renovation programs
Real Estate Accounting experience/exposure a plus.
General exposure to US industry firms including NCREIF, MBA, NMHC, IREM, ICSC, others a plus.
an advanced degree is a plus.

Responsibilities

Be the primary person responsible for the performance and investment management for an assigned group of real estate debt and equity assets.
Maintain an asset management focus toward delivering the best potential asset performance, while managing risk to an accepted strategic level.
Track loan performance, analyze key risk metrics on commercial mortgage loan assets, value debt collateral, perform risk ratings for loans and other tasks for debt assets.
Address borrower requests and review any potential loan modifications promptly.
Manage, risk evaluate, and review construction loan draws.
Manage Joint Venture partner relationships, understand and apply legal rights and obligations, and manage any third-party debt on equity assets.
Perform asset valuations and summaries, analyze and manage annual budgets, and oversee construction/renovation projects for equity assets.
Work with the JV partner and/or Property Management firm to monitor rent rolls and lease expirations, review tenant credit, track operating expenses, and oversee capital expenditures.
Provide expedient answers, updates, and thoughtful service for clients as related to managed assets.
Provide input on market trends based on asset experience and research.
Work collaboratively with other members of Private Real Estate to share ideas and best practices.
Assist in any department-wide special projects as needed.
Work collaboratively with other team members, both within our team and throughout the firm.
Be a hard-working, efficient, self-directed worker that enjoys working with a great team and supports our positive culture.